Business News

Singapore launches shuttle bus service between Changi Airport, Tanah Merah Ferry Terminal

Singapore to limit number of cars from February 2018

Singapore will stop increasing the number of vehicle on its road starting next year as it tries to tackle growing land constraints.

Oct 24, 2017

By Aastha Agnihotri

Marco Polo Marine requests haircut from bondholders to settle debt

Integrated shipping company Marco Polo Marine is seeking noteholders' approval to take a haircut and waive key obligations for a S$50 million series of 5.75 percent notes due 2016.

Oct 24, 2017

By Aastha Agnihotri

Insurer Great Eastern Holdings Q3 profit rises

Life insurance company Great Eastern Holdings on Tuesday reported a 21 percent jump in third-quarter net profit.

Oct 24, 2017

By Aastha Agnihotri

A man walks past a Singapore Airlines signage at Changi Airport in Singapore

Singapore Airlines signs $13.8 bln deal with Boeing

Singapore Airlines on Tuesday formally agreed to a previously announced deal with Boeing for the purchase of its 39 aircraft worth $13.8 billion during a White House event with Singapore's prime minister.

Oct 24, 2017

By Aastha Agnihotri

Ascott in tie-up with Tujia, targets 2,000 units in China

Ascott Residence quarterly DPU slips, shares drop

Ascott Residence Trust, a serviced residence real estate investment trust, on Tuesday reported a 28 percent drop in third-quarter distribution per unit.

Oct 24, 2017

By Aastha Agnihotri

Japans Prime Minister Shinzo Abe clinches landslide victory in snap election

Japans Prime Minister Shinzo Abes gamble paid off as his ruling bloc secured two-thirds of majority in the Lower House in the snap election. Following the results, Abe promised to deal firmly with North Korea amid the rising tensions in the region.

Oct 23, 2017

By Staff Reporter

Builder Soilbuild Construction warns on Q3 profit

Soilbuild Construction Group on Monday warned on third-quarter profit, citing lower revenue and bump up in costs.

Oct 23, 2017

By Aastha Agnihotri

CapitaLand Retail China Trust Management ekes out 0.4% gain in Q3 DPU

CapitaLand Retail China Trust Management on Monday reported a 0.4 percent rise in third-quarter distribution per unit (DPU).

Oct 23, 2017

By Aastha Agnihotri

Indian shares gain; Telecom stocks rally on Jio tariff hike

Indian shares advanced on Monday, led by telecom stocks after Reliance Industries' unit Jio raised data tariffs last week, signalling more pricing discipline in the sector.

Oct 23, 2017

By Aastha Agnihotri

Singapore's iX Biopharma gets European patent for WaferiX technology

Specialty pharmaceutical firm iX Biopharma on Monday secured European patent for its WaferiX drug delivery technology.

Oct 23, 2017

By Aastha Agnihotri

Singapore stocks rally to over 2-year high

Singapore stocks gained on Monday, led by lenders such as DBS Group and OCBC Bank, with Japanese advancing to two-decade high as an election win for Shinzo Abe's ruling bloc paved way for a continuation of loose monetary policy.

Oct 23, 2017

By Aastha Agnihotri

Indian shares drift higher; Bharti Airtel climbs 3%

Indian shares advanced on Monday, led by telecom major Bharti Airtel.

Oct 23, 2017

By Aastha Agnihotri

Singapore stocks advance; Japan shares at two-decade high

Singapore stocks gained on Monday, led by lenders such as DBS Group and OCBC Bank.

Oct 23, 2017

By Aastha Agnihotri

Strategic investor bumps up stake in Singapore's Darco Water

Darco Water Technologies on Monday said strategic investor Robert Wang Zhi will purchase 29.5 percent stake in water treatment specialist for up to S$19.7 million.

Oct 23, 2017

By Aastha Agnihotri

TEE International wins contracts worth S$56.5 mln from LTA

TEE International, which provides mechanical and electrical engineering services, on Monday said its unit received S$56.5 million worth of contracts from Land Transport Authority.

Oct 23, 2017

By Aastha Agnihotri

Prev 383 384 385 386 387 388 389 390 391 392 Next